3Pillar Global

JANUARY 4, 2024

Inaccurate coding or incomplete documentation can result in a higher rate of claim denials or rejections by payers, leading to increased administrative work. Compliance risks. By implementing robust compliance controls, audit trails, and encryption protocols, organizations can mitigate risks and keep patient data safe and secure.

Healthcare 52

Healthcare Reduced Costs Automation Administrative 52

Paysquare

AUGUST 7, 2023

Overall, outsourcing accounts is significant as it enables businesses to streamline operations, reduce costs, access specialized skills and maintain compliance with accounting standards and regulations. Clearly document accounting procedures, workflows, and reporting requirements.

Accounting 52

Accounting Outsourcing Collaborations Out-Tasking 52

Magellan Solutions

JANUARY 13, 2021

Data Analysis and Management. Document Drafting and Production. Contract Management such as Review and Drafting. Review of Discovery Documents and Electronic Discovery ( e-Discovery ). To illustrate, a law firm spends a 58% to 90% for document drafting, review, and litigation support. Legal Research.

Outsourcing 52

Outsourcing Out-Tasking Offshoring Research 52

Magellan Solutions

JANUARY 13, 2021

Data Analysis and Management. Document Drafting and Production. Contract Management such as Review and Drafting. Review of Discovery Documents and Electronic Discovery ( e-Discovery ). To illustrate, a law firm spends a 58% to 90% for document drafting, review, and litigation support. Legal Research.

Outsourcing 52

Outsourcing Out-Tasking Legal Services Offshoring 52

Magellan Solutions

MAY 19, 2023

ENSURED COMPLIANCE By using BPM, companies can ensure compliance with changing regulations. Businesses can guarantee that all required documentation is present to follow standards. RISK MANAGEMENT BPOs stay compliant to mitigate risks and ensure clients data protection.

BPO 52

BPO Outsourcing Management Out-Tasking 52

IBM Services

FEBRUARY 8, 2024

Similar to GDPR for privacy, the EU AI Act has potential to set the tone for upcoming AI regulations worldwide. The EU AI Act aims to meet the challenge to develop and deploy AI responsibly across industries including those that are highly regulated such as healthcare, finance and energy. million euros or 1.5%

Government 78

Government Regulations Risk Management Risk Management 78

Obobo

MARCH 19, 2023

Vendor contract management tracks the performance of all vendors associated with an organization and helps manage their relationships with them better. It centralizes the documentation and records of all vendor contracts in one place, allowing for improved collaboration and compliance.

Management 40

Management Reduced Costs Automation Accounting 40

IBM Business Partners

MAY 14, 2024

Don’t be afraid to reframe accountability from simply conforming to regulations to stewarding the technology. Don’t be afraid to reframe transparency from simply documenting the choices made after the fact to seeking public input beforehand. Just like urban planning, AI is infrastructure.

Government 87

Government Risk Management Risk Management Accounting 87

Obobo

MARCH 19, 2023

Do you struggle to keep track of your contracts and related documents? If so, a contract management system might be the solution you need. A contract management system is a software platform that helps organizations manage all aspects of the contract lifecycle, including drafting, negotiation, execution, and ongoing maintenance.

Management 40

Management Automation Out-Tasking Administrative 40

Obobo

MARCH 19, 2023

In today’s business world, contract management software is becoming more important than ever for businesses of all sizes due to the complexity of managing contracts. With automated processes in place, businesses can reduce the amount of manual effort required to manage contracts and maximize efficiency.

Software 52

Software Management Right-Sizing Automation 52

Obobo

MARCH 19, 2023

Contract lifecycle management software (CLM) is a technology tool that simplifies the creation, negotiation, and management of contracts. CLM helps organizations manage contractual relationships throughout their entire life cycle – from generating contracts through execution to post-execution management.

Software 40

Software Management Collaborations Automation 40

Globalization Partners

DECEMBER 30, 2021

On the other hand, companies that rely on the worldwide supply network practice better risk management and experience increased stability. You can use the European Commission Access Database to review import tariffs, duties, trade barriers , and required international shipping documents.

Payroll 98

Payroll Research Marketing Government 98

Capgemini

NOVEMBER 22, 2023

Model validation verifies that the models used to combat financial crime operate as expected, according to the business uses and objectives for which they were designed; how they are governed; their integration with the risk assessment of the institution; operational and conceptual soundness; and data quality.

Banking 52

Banking Regulations Finance Risk Management 52